<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 
FINANCIAL STATEMENTS OF BANPONCE CORPORATION FOR THE THREE MONTHS ENDED 
MARCH 31, 1995, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH 
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<CURRENCY>   U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               MAR-31-1995
<EXCHANGE-RATE>                                  1,000
<CASH>                                         369,605
<INT-BEARING-DEPOSITS>                          15,100
<FED-FUNDS-SOLD>                                36,030
<TRADING-ASSETS>                                 7,169
<INVESTMENTS-HELD-FOR-SALE>                  1,106,231
<INVESTMENTS-CARRYING>                       3,020,105
<INVESTMENTS-MARKET>                         2,991,375
<LOANS>                                      7,968,071
<ALLOWANCE>                                    157,467
<TOTAL-ASSETS>                              13,075,543
<DEPOSITS>                                   9,380,434
<SHORT-TERM>                                 1,780,479
<LIABILITIES-OTHER>                            202,291
<LONG-TERM>                                    623,178
<COMMON>                                       197,200
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    100,000
<OTHER-SE>                                     741,118
<TOTAL-LIABILITIES-AND-EQUITY>              13,075,543
<INTEREST-LOAN>                                190,550
<INTEREST-INVEST>                               58,568
<INTEREST-OTHER>                                 1,101
<INTEREST-TOTAL>                               250,219
<INTEREST-DEPOSIT>                              77,065
<INTEREST-EXPENSE>                             112,691
<INTEREST-INCOME-NET>                          137,528
<LOAN-LOSSES>                                   11,698
<SECURITIES-GAINS>                                  46
<EXPENSE-OTHER>                                118,318
<INCOME-PRETAX>                                 45,065
<INCOME-PRE-EXTRAORDINARY>                      45,065
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    33,741
<EPS-PRIMARY>                                      .96
<EPS-DILUTED>                                        0
<YIELD-ACTUAL>                                    4.88
<LOANS-NON>                                    113,033
<LOANS-PAST>                                    11,052
<LOANS-TROUBLED>                                 3,174
<LOANS-PROBLEM>                                130,683
<ALLOWANCE-OPEN>                               153,798
<CHARGE-OFFS>                                   14,344
<RECOVERIES>                                     6,315
<ALLOWANCE-CLOSE>                              157,467
<ALLOWANCE-DOMESTIC>                           157,142
<ALLOWANCE-FOREIGN>                                325
<ALLOWANCE-UNALLOCATED>                              0